The UK’s sports betting market is saturated with countless crypto-friendly gambling platforms. And the stiff competition in the market has forced betting sites to use various incentives like bonuses to attract customers.
Bonuses are very attractive to bettors, and rightly so. As a bettor, a good bonus can inflate your gambling bankroll or allow you to wager on your favorite sporting event without risking your funds. The perks you’ll enjoy primarily depend on the crypto betting bonus you receive.
Here is a brief breakdown of common bonuses most sports betting sites offer.
1. Welcome Bonus
Most reputable crypto sports betting sites give a welcome bonus upon registering a new account. They do that to attract more bettors and outdo their competitors, which is crucial in this highly competitive industry.
But it is critical to note that welcome bonuses often go hand in hand with strict stipulations. For instance, many sports betting sites require recipients to use their bonuses to wager on specific matches. No platform allows people to withdraw their welcome bonus immediately after receiving it.
2. No Deposit Bonus
As the name suggests, a no-deposit bonus is awarded to bettors without requiring them to fund their accounts. A platform that offers no deposit bonuses lets you wager on sporting events without risking your money.
No deposit bonuses often have predetermined requirements. For example, some betting sites require customers to spend no deposit bonuses on matches with specified odds and wager a certain number of times before getting access to winnings from their bonus.
3. Deposit Bonus
Unlike no-deposit bonuses, a deposit bonus is only awarded to customers after funding their accounts. This form of bonus also comes in many forms. But the most common option is the 100% offer. Here, a gambling platform will credit your betting account with a bonus equal to your first deposit. For example, if you deposit 5 BTC, it will award you an extra 5 BTC.
4. Reload Bonus
Reload bonuses are similar to deposit bonuses since, to enjoy both, you must fund your account. But unlike the latter, sports betting sites give reload bonuses to loyal customers who’ve made more than one deposit. Gambling platforms use these bonuses to reward their clients, encourage them to continue funding their accounts, and bet on their favorite events.
5. Special Events Bonus
Sometimes, betting sites dish out promotional offers associated with particular sporting events. These are known as special event bonuses, and their primary goal is to encourage bettors to wager on high-profile sporting events like the World Cup finals or the Superbowl. A special event bonus can allow you to enjoy better odds, increased payouts, and other incentives.
Exceptional sports betting sites offer new signees and loyal customers different bonuses, including deposit, no-deposit, and reload bonuses. These are indispensable to bettors since they increase their gambling bankroll, and some make risk-free betting possible.
If you want to use bonuses to bet and generate profits, find a crypto-betting platform offering the best bonuses. Most importantly, choose the events to wager on wisely. And if you are a newbie, remember that to become a successful bettor in a sport like football, you must familiarize yourself with the dynamics of sports betting.